Re: Who Owns Source Code When a Company Folds?

[Russ Urquhart russurquhart1@xxxxxxxx]

Hi,
I called this company, after someone mentioned that they were in texas.
I enquired about the software, via email, and they sent me email back
saying that the software retailed for something like $2000.

If they are getting out of software, maybe they'll reduce the price?
It's a shame that the people that have the rights to the software, are
using it for purposes other than wordprocessing.

Russ
On Wednesday, August 6, 2003, at 04:34 PM, Chris Madsen wrote:
TTG declared bankruptcy. The source code is still owned by Kenny
Frank. He
sold the desktop product as-is to a group based in Texas that is
planning a
release of Wealth Transfer Planning, which is SmartWords with a custom
module to do estate planning laid over. You can still use SW as you
would
use Xywrite, but the code is over 2 years old at this point, and still
16
bit. The group in Texas does not plan to move to 32-bit; in fact, they
plan
to eventually move away from SW entirely. Their interest is in the
estate
planning stuff.

chris

----- Original Message -----
From: "Harry Binswanger" 
To: 
Sent: Wednesday, August 06, 2003 4:20 PM
Subject: Re: Who Owns Source Code When a Company Folds?
Re this question: why is software any different from any other asset
of
the
company? The creditors of a liquidated company are well defined in
bankruptcy law, no?

And did TTG dissolve or declare bankruptcy or what?

Harry Binswanger
hb@xxxxxxxx